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Shareholder resolutions are a key form of engagement for U.S. investors interested in changing the environmental and social impacts of companies.
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Whitney Nguyen, CFA
Director of Impact Research, NorthStar Asset Management
Running Dry: Water Stressed Communities Forced to Fuel AI’s Thirsty Appetite
In 2023, Google proposed plans for a data center in Uruguay that would consume 7.6 million liters of water daily, equivalent to the water needs of 55,000 people. This was while the country was facing its worst drought in 74 years. This is not an isolated event.
Across the globe, data center expansion has increasingly collided with local water constraints. Since 2022, two-thirds of new AI data centers have been built in water-stressed regions, competing directly with local communities for already strained water supply, draining watersheds and threatening aquifers in the process. These arid regions are attractive as they offer vast land and dry climates that protect sensitive electrical equipment. Read More
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